REG-Carnival PLC: Carnival Dividend Exchange Rate

CarnivalAnnouncement

03/03/2020 14:20

Carnival Corporation & plc Announces Exchange Rate for Quarterly Dividend

MIAMI, March 3, 2020 -- On January 16, 2020, Carnival Corporation & plc
(NYSE/LSE: CCL; NYSE: CUK) announced a quarterly cash dividend of $0.50 (U.S.)
per share. The dividend is payable on March 13, 2020, to shareholders of
record on February 21, 2020.

Holders of Carnival Corporation common stock or Carnival plc ADSs will receive
a dividend payable in U.S. dollars. The dividend for Carnival plc ordinary
shares will be payable in sterling unless shareholders elected to receive the
dividend in U.S. dollars by February 21, 2020.

Dividends payable in sterling will be converted from U.S. dollars at the
exchange rate quoted by Bloomberg (BFIX) at 12 noon London time on March 2,
2020 (US$1 = 78.21054 pence). Accordingly, the dividend payable in sterling on
March 13, 2020, will be 39.10527 pence per share.

Carnival Corporation & plc is the world's largest leisure travel company and
among the most profitable and financially strong in the cruise and vacation
industries, with a portfolio of nine of the world's leading cruise lines. With
operations in North America, Australia, Europe and Asia, its portfolio
features Carnival Cruise Line, Princess Cruises, Holland America
Line, Seabourn, P&O Cruises (Australia), Costa Cruises, AIDA Cruises, P&O
Cruises (UK) and Cunard.  

Carnival Corporation & plc is the world's largest leisure travel company and
among the most profitable and financially strong in the cruise and vacation
industries, with a portfolio of nine of the world's leading cruise lines. With
operations in North America, Australia, Europe and Asia, its portfolio
features Carnival Cruise Line, Princess Cruises, Holland America Line,
Seabourn, P&O Cruises (Australia), Costa Cruises, AIDA Cruises, P&O Cruises
(UK) and Cunard.

Together, the corporation's cruise lines operate 105 ships with 254,000 lower
berths visiting over 700 ports around the world, with 16 new ships scheduled
to be delivered through 2025. Carnival Corporation & plc also operates Holland
America Princess Alaska Tours, the leading tour company in Alaska and the
Canadian Yukon. Traded on both the New York and London Stock Exchanges,
Carnival Corporation & plc is the only group in the world to be included in
both the S&P 500 and the FTSE 100 indices.

With a long history of innovation and providing guests with extraordinary
vacation experiences, Carnival Corporation has received thousands of industry
awards – including recognition by the Consumer Technology Association™ as
a CES® 2019 Innovation Awards Honoree for OceanMedallion™. A revolutionary
wearable device that contains a proprietary blend of communication
technologies, OceanMedallion enables the world's first interactive guest
experience platform transforming vacation travel on a large scale into a
highly personalized level of customized service. The prestigious CES
Innovation Awards honor outstanding design and engineering in consumer
technology products.

Additional information can be found on www.carnival.com, www.princess.com,
www.hollandamerica.com, www.seabourn.com, www.pocruises.com.au,
www.costacruise.com, www.aida.de, www.pocruises.com, and www.cunard.com.

CONTACT: Carnival Corporation & plc, 1 305 599 2600, ext. 67862, Investor
Relations Contact, Beth Roberts, 1 305 406 4832



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